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Other Income and Expense
 3 Months Ended
Jun. 30, 2024
Other Income and Expense [Abstract]  
Other Income and Expense
Note 8: Other Income and Expense

Other income and expense consisted of the following:

 
Three months ended June 30,
  
   
2024
    
2023
  
Interest income
  
$
0.7
    
$
0.5
  
Foreign currency transactions (a)
    
0.2
   
(0.3
)
Net periodic benefit cost (b)
    
(1.2
)
    
(0.8
)
Total other expense – net
  
$
(0.3
)
  
$
(0.6
)
(a)
Foreign currency transactions primarily consist of foreign currency transaction gains and losses on the re-measurement or settlement of foreign currency-denominated assets and liabilities, including intercompany loans and transactions denominated in a foreign currency, along with gains and losses on certain foreign currency exchange contracts.
(b)
Net periodic benefit cost for the Company’s pension and postretirement plans is exclusive of service cost.